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Show GROWTH OF SUGAR BEET INDUSTRY. The phenomenal growth of the beet sugar industry in the Inter-mountain Inter-mountain country is well illustrated in a circular, issued by a financial finan-cial company in Denver, offering for sale the preferred and common stock of the Great Western Sugar company, with an authorized capital cap-ital stock of $30,000,000, of which $24,000,000 is outstanding. The first factory at Loveland, Colorado, was put in operation in the fall of 1901, and since then ten factories have been built in different parts of the Centennial state, with combined slicing capacity capac-ity for each twenty-four hours of 7,200 tons, not including the Billings, Montana, and the Scottsbluff, Nebraska, factory of 1,200 tons capacity each. 1 The company is said to be the largest beet sugar concern in the world, producing 300,000,000 pounds of sugar in a season, It has paid the farmers $25,000,000 and has declared $5,000,000 in dividends. Not many years ago the beet sugar industry was languishing, following the partial failure of the experimental plants in California. The first demonstration of successful beet culture and beet sugar manufacture in the mountain region was in Utah, and since then the beet sugar industry has expanded rapidly. The stock value of the Great Western Sugar company, the result re-sult of a growth of less than ten years, is more than the assessed value of all property in Weber county. Under continued favorable conditions, the beet sugar industry promises to go on expanding until all the sugar consumed in the United States, which is about 80- pounds per capita, is manufactured in this country. |